down to the river with the practical certainty of his absence being unnoticed.

“Cosgrove and I worked out the plans which, I believe, you know. Cosgrove’s required the help of his friend, Miss Belcher. Mine was dependent on footprints, and I proposed to report the alleged hoax played on me to the local police, so that these marks might be observed by them while still fresh.

“Our plans had taken nearly three hours to work out, and we parted at the restaurant door. Later in the evening my father telephoned⁠—we had arranged club calls⁠—that night would suit Dale.”

Again Austin paused and moved uneasily, and again Tanner had to admit to himself that so far the story they were hearing, while utterly unexpected and extraordinary, bore the impress of truth. Up to the present he had been unable to detect any inconsistency between it and the facts he had himself learnt. He was coming to the opinion that they were about to hear the truth of the tragedy itself, and he set himself to listen with renewed concentration as Austin resumed:

“I bought the two pairs of shoes I required for my alibi, on that afternoon. At home I locked one pair away, and took care the attention of my man should be called to the other. Then on the evening I wrote the forged note from Miss Drew, and dropped it into the letter box on my hall door, where my man found it as I had intended.

“Putting on the new shoes of which my man had had charge, I got a boat and rowed down to the boathouse. My statement about the hoax was obviously false, and the evidence of that girl and her lover in Dr. Graham’s wood was true.”

It was evident that this admission, made in the calm matter-of-fact way in which Austin was speaking, came as a considerable shock to Lois Drew. But she made no remark, listening motionless and intent to what was coming⁠—as indeed were they all.

“The water gate was closed, and as I did not want Dale to see my boat and perhaps take fright, I went into the boathouse to open it. My father was there already, and he opened the gate, and I took the boat in. Presently Cosgrove turned up. He had motored from London.

“We waited for a few moments and then Dale arrived. Directly he entered Cosgrove slipped behind him and locked the door, putting the key in his pocket. Dale was obviously taken aback when he saw three persons waiting for him, and when he observed the door being locked he got very white and frightened looking. But my father spoke to him quietly.

“ ‘You need not be afraid, Dale,’ he said. ‘If you are reasonable, no harm will befall you. These are my son and nephew, who are as much interested in the affair as I am. We are going to make you a proposal, but I am afraid we are not going to give you the option of declining it.’

“My father then explained clearly and quietly that he was willing to pay well for the preservation of the secret, and promised to purchase an annuity which would bring Dale in £320 a year for life. Dale interrupted that it was £500 he wanted, but my father replied that £320 was the sum he had decided on. I think it was the quiet, final way my father spoke, as if the reopening of the matter was by his decision made impossible, that first gave Dale a hint of what he was up against.

“My father went on to point out that on his side he required an end of the annoyance, and explained about the confession. Dale then blustered and said he would see us all in a warm place before he signed. My father, still speaking very gently, said we would give him five minutes to make up his mind. He took a revolver from his pocket⁠—he had previously shown us it was unloaded⁠—and pointing it at Dale warned him that if he tried any tricks he would instantly be shot. And so we waited, my father calm and placid though keeping a wary eye on the other, Cosgrove nervous and smoking cigarette after cigarette, while I, also a little excited, kept pacing up and down the edge of the basin.

“At long last the five minutes was up and my father spoke.

“ ‘Well, Dale?’ he queried.

“The man showed his teeth like an animal.

“ ‘I’ll see you in Hades first,’ he snarled.

“At a sign from my father Cosgrove and I sprang forward and seized the blackmailer. He was, as you know, small and elderly, and weakened from drink, and he was like a child in our hands. I held him while Cosgrove tied his hands and feet, in each case with silk handkerchiefs which would leave no mark on the skin. He grew very white, and a look of terror shone in his eyes, but he would not give way, and we felt that we had still failed to make him believe we were in earnest. My father tried to frighten him still further. He spoke again in a matter-of-fact tone.

“ ‘You think, Dale, we’re not going to carry the thing through? I can assure you all the details have been carefully worked out. If you do not sign we shall make that anchor’⁠—he indicated that belonging to the largest boat which was standing in the corner with its rope attached⁠—‘fast to your shoulders and lower you into the basin. After ten minutes we’ll pull your body up, take off the handkerchiefs, carry your body out in the boat and slip it overboard where it will be swept down over the falls. There will be nothing to indicate your death was not an accident. Then I may tell you for your information we have all arranged carefully planned false alibis, so that we can prove we were not here tonight at all. On the other hand, if you sign,

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